• Alibaba has received Hong Kong Stock Exchange clearance to proceed with the spin-off and separate Main Board listing of T-Head.
• T-Head submitted a confidential listing application on September 11, 2026, for its H shares.
• The offering would comprise a Hong Kong public offering and a placement to institutional and professional investors.
• The wholly owned data center chip subsidiary is expected to remain a subsidiary following the spin-off.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alibaba Group Holding Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261110-12407457), on November 10, 2026, and is solely responsible for the information contained therein.